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SOUTHEAST RECOVERY SERVICES, LLC v. NORTHEN

No. A02A0369.

565 S.E.2d 861 (2002)

255 Ga. App. 516

SOUTHEAST RECOVERY SERVICES, LLC v. NORTHEN.

Court of Appeals of Georgia.

May 23, 2002.

Attorney(s) appearing for the Case

Cushing, Morris, Armbruster & Jones, Charles M. Cushing, Jr., Leticia D. Alfonso, Atlanta, for appellant.

Meriwether & Tharp, Patrick L. Meriwether, Robert L. Tharp, Norcross, for appellee.

MILLER, Judge.

As the assignee of stock in B & N Company, Inc. (B & N), Southeast Recovery Services, LLC (SRS) sued Arthur A. Northen for a deficiency on the value of B & N stock pledged by Northen as collateral on a secured transaction. The trial court granted summary judgment to SRS on the issue of Northen's liability in the amount of $1.7 million but denied SRS summary judgment on the issue of the value of the collateral sold at foreclosure. In this...

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